If you own Ford stock, send a message to the board by voting your proxy before the May 13 annual meeting. This is your chance to vote against the board nominations of Alexandra Ford English and Henry Ford III. Also on the proxy ballot is a proposal to end the supermajority voting status of the Ford family's Class B shares by allocating one vote for every share of common stock, regardless of who owns it. You can also vote against the board's proposed executive compensation; since many of the company's senior execs would be writing checks to Ford instead of cashing paychecks if they were paid what they're worth, I recommend voting against the board's pay proposal.
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Well, another way to look at messages being sent is –– if Ford places these 2 individuals on the board (obviously because of the experience and talent they bring with them –– it is hard to even write that without bursting out laughing) that Ford Motor Company is sending a VERY strong message to every customer and employee that Ford doesn't care about products, quality, shareholder value, employees, ESG issues, etc. – but only about the Ford Family!!!! Nepotism in full display by Billy Ford and family.
And just think about it –– this will be occurring at a time in history (the potential of changing an entire industry/fleet from combustion engines to electric vehicles). This is a moment in history that all auto manufactures need the best talent and leadership they can find to not just lead them through this change, but to actually keep them in business through this change. And Ford is telling us all they found it in a niece and nephew inside the family. Just wow! Really, take the time to just think of that message that they are actually sending all customers and employees.
Of course, does any of it really matter at Ford –– just look at the current (failed) CEO!!!! He does a great job in a soup kitchen in downtown Detroit though!!!!!!
Sure, they probably will since that's why they have preferred class with extra votes. But that's no reason to not send a strong message that we don't want those buffons on the board, as well as that we believe we'd be better off as an actually public company without the undue influence of the Ford scions.
The Ford family has controlling interest. Besides, Do you think for one second that they will not seat 2 Ford family members on the board regardless of what the common share stock holders vote?